Employees Retirement System of Texas

Employees Retirement System of Texas (ERS) is a public pension fund based in Austin, Texas. Established in 1947, ERS provides pension, retirement, and other benefit programs for state employees, retirees, and their dependents. ERST also administers the Texas Employees Group Benefits Program (GBP), TexFlex, and Texa saver progra The fund is managed by the board of trustees and the investment advisory committee.